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Where Taxpayers and Advisers Meet
2007 Pre-Budget Report announced
05/10/2007, by Sarah Laing, Tax News - HMRC Administration, Practice and Methods
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The Chancellor of the Exchequer, Alistair Darling, will present the 2007 Pre-Budget Report and the outcome of the Comprehensive Spending Review to the House of Commons on Tuesday 9 October.

The Chancellor had informed the House on 25 July 2007 that he would be making a single statement in October, so the announcement made today (5 October) comes as no surprise and is not indicative of the call for an early general election.

Speculation within the tax profession suggests that tax increases for non-domiciles and private equity industry will not be announced in the Pre-Budget Report, but the Chancellor may announce a consultation on the latter.

Link

HM Treasury: 2007 Pre-Budget Report and Comprehensive Spending Review

About The Author

Sarah Laing
Editor, TaxationWeb News

Sarah is a Chartered Tax Adviser. She has been writing professionally since joining CCH Editions in 1998 as a Senior Technical Editor, contributing to a range of highly regarded publications including the British Tax Reporter, Taxes - The Weekly Tax News, the Red & Green legislation volumes, Hardman's, International Tax Agreements and many others. She became Publishing Manager for the tax and accounting portfolio in 2001 and later went on to help run CCH Seminars (including ABG Courses and Conferences).

Sarah originally worked for the Inland Revenue in Newbury and Swindon Tax Offices, before moving out into practice in 1991. She has worked for both small and Big 5 firms. She now works as a freelance author providing technical writing services for the tax and accountancy profession.

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